Ondo price prediction: Can $0.3059 support hold as ONDO slides 8.86%?

Ondo price prediction: Can $0.3059 support hold as ONDO slides 8.86%?
Ondo drops 8.86% today to $0.3311

Ondo (ONDO) is trading at $0.3311, registering a daily decline of 8.86%. The asset is currently positioned below its key moving averages during a high-volatility session.

ONDO price prediction
24H 2.24%
$0.3332
48H 1.29%
$0.3301
7D 7.36%
$0.3499
1M -22.86%
$0.2514
3M -6.51%
$0.3047
6M -20.37%
$0.2595
12M 21.26%
$0.3952
Current price: $ 0.3259 -0.0041 1.24%
Real-time Data 10:32
Daily range 0.323 Arrow from to Icon 0.3358
Weekly range 0.3030 Arrow from to Icon 0.3480
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Highlights

  • ONDO trades well below major moving averages, signaling persistent selling pressure across all timeframes.
  • Downside momentum dominates as MACD, ADX, and multiple oscillators confirm strong bearish conditions.
  • Price likely fluctuates between $0.3059 and $0.3563 over the next few days, with high risk of further declines if support fails.

Broad technical sell signals as ONDO stays below key resistance

ONDO is trading below its MA-20, MA-50, and MA-200, which points to persistent selling pressure across all timeframes. Immediate resistance is defined by the Ichimoku Kijun level set at $0.3425. Momentum indicators are broadly bearish: both MACD and ADX indicate sell conditions, and oscillators such as RSI, CCI, and BBP confirm seller dominance. Stoch RSI is neutral, while Awesome Oscillator is aligned with the ongoing downside trend.

Ondo asset chart
Ondo price dynamics. Source: TradingView.

Sideways ONDO outlook as volatility band contains near-term risk

For the next 2–3 trading days, ONDO is likely to trade within a volatility band between $0.3059 and $0.3563. The baseline expectation is sideways movement within this corridor. If ONDO breaks above the $0.3425 resistance, a short-term bullish move may emerge, while a drop below the $0.3059 support would extend the current downtrend.

Viktoras Karapetjanc, analyst at Traders Union, sees persistent technical weakness in ONDO after the recent drop below key moving averages. He believes the dominant bearish momentum is likely to keep price action restrained between $0.3059 and $0.3563 in the near term. Although indicators remain negative, Karapetjanc notes that a clear move above $0.3425 could trigger a short-term reversal. "I remain constructive as long as support holds, and any breakout above key resistance could draw in fresh buyers," he states.

Earlier, analysts noted that ONDO faced persistent selling pressure despite ongoing ecosystem developments and continued to trade under a cloud of market uncertainty. This latest downturn, accompanied by bearish momentum across all key technical indicators, reinforces the prevailing negative sentiment and underscores the importance of monitoring the $0.3059 support for any escalation in downside risk.

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.
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